China Power International Development Limited (OTCMKTS:CPWIF) Stock Short Interest Falls 51.9%

China Power International Development Limited (OTCMKTS:CPWIF – Get Free Report) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,196,533 shares, a drop of 51.9% from the September 30th total of 4,569,768 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Power International Development Stock Performance

China Power International Development stock remained flat at C$0.35 during mid-day trading on Friday. China Power International Development has a 1-year low of C$0.35 and a 1-year high of C$0.44. The business has a 50 day moving average of C$0.35 and a two-hundred day moving average of C$0.41.

China Power International Development Company Profile

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China Power International Development Limited is a China-based energy company engaged primarily in the development, construction, ownership and operation of power-generation facilities. The company’s portfolio includes thermal power, hydropower, wind power and solar power projects, along with other clean-energy and low-carbon businesses.

In addition to conventional electricity generation, China Power has expanded into integrated energy services and emerging energy businesses, including energy storage, distributed energy and related clean-energy solutions.

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